You may be asked to provide a certificate of existence for your Georgia limited liability company (LLC). In addition, many creditors ask for a certificate of existence before issuing business credit.
A Georgia certificate of existence is relatively easy to obtain, but it does take some know-how.
What Is a Georgia Certificate of Existence?
A certificate of existence, known as a certificate of good standing in most states, is issued by the state and verifies that your LLC complies with all Georgia regulations. The state will issue the certificate once you’ve met all deadlines, such as annual report filings.
In Georgia, you’re not required to get a certificate of existence, but banks and creditors might request one, so it’s wise to have it on hand.
In What Situations Would I Need a Certificate of Existence?
Again, a bank or creditor might request a certificate of existence as part of their due diligence and risk assessment when you apply for a business loan or business credit.
They need to verify that you’re registered to do business in the state and fully compliant. If you expand your business to other states, you’ll have to register as a foreign LLC. In such cases, the new state may request a certificate of existence from your home state.
Requirements to Obtain a Certificate of Existence in Georgia
You must have a registered business entity in the state, either an LLC or a corporation. Sole proprietorships and partnerships do not register with the state, so they cannot obtain a certificate of existence.
You’ll also need to be up to date on all Georgia business licenses, permits, and reporting requirements for your LLC or corporation in Georgia.
Which Department Issues Certificates of Existence in Georgia?
The state issues certificates of existence in Georgia through the Corporations Division website.
Just enter your business name or control number.
Then, review your LLC information, and pay the $10 fee for paper and online filing and $60 for expedited processing.
Assuming your LLC is compliant, you should be able to access your certificate online immediately.
You cannot request your certificate by mail. It’s only available online.